Not only will the cost of running this system be more than twice the cost of running it on a private level, the funds will wind up in the same mess like the one we have for SS/FICA. Much of the funds will go out to the Senators and Reps. for PORK projects and budget irresponsibility like the current system is so well known for.
The Government will attempt to cover up their gross incompetence by forcing clinics, doctors, etc, to take less pay, which will cut research and development. They will also still make the system liable for lawsuits, in order to keep the Lawyer lobby happy. So, we will have countless lawsuits and court fiasco's mucking up the process and the taxpayers will be left holding the tab when the lawyers get paid for sucking more blood from the system.
This is the real reason to do all we can to stop this. Even though I believe there is not much any of can do at this point. It will pass before the year is out, like all the other impulsive/poisonous legislation has.
We all know that workers making $25,000 a year would pay much less than that, and those making $100,000 a year would pay a heck of a lot more.
My husband and I make around $100,000 a year combined right now, and his company provides healthcare with a small deductible but no premiums or copays (I know we are lucky) but for us that would be an automatic $1,000 a month cut in pay minimum. On top of the extra taxes we already pay over the minimum wage worker, we just can't afford it.
People tend to forget, that besides taxes, middle income people pay more for a lot of stuff. Our son is a freshman in college, because of our income, and the fact that he is a white male, of average grades, and not very athletically inclined we pay FULL price for tuition. He is not eligible for grants, and even student loans are non subsidized meaning he pays interest on them from the beginning.